Potential Tax Benefits for Supporting Communities: The Investor’s Introduction to Qualified Opportunity Funds and OZs (Part 1)
Much has been said and written about Opportunity Zones (OZs), the new federal tax program carved out by the 2017 Tax Cuts and Jobs Act. Amidst the buzz is a lively debate about whether these investments create good policy. But whatever the policy pundits say, OZs...
The Business of Fun
Family entertainment centers like Dave & Busters and Topgolf offer entertainment for every demographic, with games, craft drinks, and chef-inspired food. These offer fun, active things to do for adult groups and families with children alike. In the commercial real estate sector, they help turn large spaces into anchors for adjacent retail areas and help improve overall foot traffic and spending per visit.
U.S. Markets Ripe for a Correction? IMF Issues a Warning
There are many signs pointing to disruption in the U.S. market. The International Monetary Fund (IMF) issued a strong message of an impending correction in a report, which was pointed out by global economist Steen Jakobsen on CNBC. Then, Guggenheim chief investment officer, Scott Minerd, said the same thing because of a combination of the Fed’s actions and because corporate America is over-leveraged.
Investors Urge GE to find that Reset Button
GE is in the middle of one of its roughest years in a decade. Once a member of the founding elite of the Dow Jones, the stock has dropped 35% since this time last year, to a market cap hovering around $100 billion. This week alone, GE stock experienced a one-day 4% drop towards a low it hasn’t seen since 2009, during the recession.
Is Marijuana the Next Bitcoin?
The trading frenzy around Tilray’s legal marijuana is being compared to the bubble from earlier in 2018 for bitcoin and the dot.com craze of the late 90’s. It’s early days in this industry, and analysts say it’s not a bubble—yet.
Interesting Idea to Solve California’s Renewable Energy Problem?
We’re inspired by this video posted by Quartz. The Los Angeles Department of Water and Power proposes to turn the Hoover Dam into a giant battery to store energy from solar and wind farms in California. We don’t know if it is feasible or if will it past all the hurdles ahead, but the idea is inspiring to us.
America Called to Tell You You’re Poor, Then Called Back to Tell You You’re Rich.
What is considered "wealthy" in America? Depends on who you ask ... and where you live ... and what you like to do ... and other things. According to a recent study from Charles Schwab, to be wealthy in America means making $2.4 million a year, and about $1.4 million...
China- Making Huge Infrastructural and Entrepreneurial Moves Simultaneously
As you’ve likely heard, China is making some mega-moves when it comes to investing in infrastructure projects, such as new ports, new cross-country roads, railways and power plants as part of President Xi Jinping’s Belt and Road project. Many of these projects are...
More Private Companies Delaying the Jump into Public Waters
The public market used to be the only playground for big businesses with huge, ambitious goals. Founder's like Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey took their somewhat unlikely businesses to the public market as recently as 2012 and 2013, respectively....
A Graphic Glance at the Highs and Lows of State Income Tax Rates
On this tax day, some states are feeling the pinch more than others. How does your state fare in terms of state income tax rates? Here's a quick glance at the highs and lows. For a full list of all 50 states, visit here. And understandably, since 2009, the Golden...